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Articles for tag: ADB, business, Latest, lines, MLI, progress, rail, Reviews, upgrading

December 20, 2025

News Desk

ADB reviews progress on upgrading ML-I rail lines

Breakthrough of Karachi-Rohri section set for July 2026. upgrade of ML-I urged The Railway Directorate has submitted the ML-I project brief to ECNEC without having arranged funding from the Public Sector Development Programme, China or any other international financial institution. Photo: AFP Islamabad: A delegation of the Asian Development Bank (ADB), led by its Director General Leah Gutierrez, on Friday called on Federal Minister for Railways Muhammad Hanif Abbasi to review the progress on upgrading Main Line-I (ML-I), the most critical infrastructure project of Pakistan Railways. During the meeting, detailed discussions were held on the scope, funding and implementation strategy

July 10, 2025

News Desk

The Prime Minister orders urgent upgrading of the National Price Committee to enhance performance

Prime Minister Shehbaz Sharif is chairing a meeting on the execution of the National Price Committee in Islamabad on July 1025. – PID NTC said to be aligned with the realities of the market. PM wants information about reforms next month. Ministers, officials are attending the review meeting. Prime Minister Shehbaz Sharif on Thursday called on the competent authorities to carry out an urgent restructuring of legal, administrative and other institutional powers and other institutional powers and other powers and responsibilities of the National Commission to enhance his effectiveness. The prime minister, chairing a re -examination meeting on the execution

April 10, 2024

News Desk

Interested in upgrading the road infrastructure

KARACHI: Leading manufacturers and exporters have urged that before hastily imposing the National Highway Safety Ordinance (NHSO) 2000 axle load regime based on international norms, the government should prioritize building road infrastructure as per international standards. They made these remarks during discussions with The Express Tribune, reiterating that if the government supports the adoption of international norms, it should also adhere to international standards for local road infrastructure as well. Hanif Gohar, a leading manufacturer and former president of the Association of Manufacturers and Developers of Pakistan (ABAD), explained why industrialists oppose the axle load regime (ALR), stating that its

March 20, 2024

News Desk

The refinery is likely to reduce investment in upgrading facilities

Islamabad: Pakistan may miss out on a planned investment of more than $2 billion in the oil refining sector after a shareholder in Pak Arab Refinery Limited (Parco) refused to back the initial plan to upgrade the plant. Under the plan, Parco, a joint venture between the governments of Pakistan and Abu Dhabi, was to invest up to $3 billion under the refinery’s new policy to set up cracking units to convert furnace oil into high-demand byproducts , such as gasoline and high speed oil. diesel. The government has set a March 20 deadline for signing implementation agreements with refineries

January 24, 2024

News Desk

China and Uzbekistan are upgrading their ties to a strategic partnership

BEIJING: Chinese President Xi Jinping and his Uzbek counterpart Shavkat Mirziyoyev held talks in Beijing on Wednesday, announcing the elevation of bilateral ties to an all-weather comprehensive strategic partnership for a new era and promoting the building of a China-Uzbekistan community with common future from a higher starting point. President Mirziyoyev is in China on an official visit. Xi noted that 32 years ago, Uzbekistan was the first Central Asian country to establish diplomatic ties with China. The two peoples have promoted the spirit of the Silk Road, and China-Uzbekistan friendship is deeply rooted and alive, he said. “Especially, over

December 13, 2023

News Desk

China, Vietnam welcome upgrading of ties. offers for rail connections, data

HEIGHTS: The leaders of China and Vietnam hailed as “strategic” Wednesday their decision to strengthen ties and be part of a community with a “shared future” as Chinese President Xi Jinping’s visit entered its second and final day. During the trip, Xi’s first this year to an Asian nation, the communist-ruled neighbors, close in economic sectors but at odds over the South China Sea, signed dozens of cooperation deals, following months of talks on better way to describe bonds. The two sides “announced the establishment of a China-Vietnam strategic community of ‘shared future’ to promote the upgrading of China-Vietnam relations,”

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